Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights

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Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights
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Microsoft completed its purchase of video game maker Activision Blizzard for $69 billion on Friday, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry.

The notice that the deal had gone through came seven hours after Microsoft got final approval from Britain’s competition watchdog, which reversed its earlier decision toTaking over the studios behind blockbuster games like Call of Duty, Diablo and Overwatch will be a boost for Microsoft’s Xbox gaming console, which ranks third in sales behind Sony’s PlayStation and Nintendo.

Microsoft has long defended the deal as good for gaming, saying its goal was to get Activision games to more people on more platforms rather than trying to deprive those games from rival console makers. However, it also tilts the “balance of power significantly” in favor of Microsoft, whose Xbox console has lagged behind PlayStation and Nintendo, said George Jijiashvili, senior principal analyst at tech research and advisory firm Omdia.

Microsoft has long defended the deal as good for gaming, saying its goal was to get Activision games to more people on more platforms rather than trying to deprive those games from rival console makers. But the regulator still criticized how the agreement came together and warned other companies not to use Microsoft’s tactics to “insist on a package of measures that we told them simply wouldn’t work.”

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